📈💡 BTC and PYR Trading Strategy 🌐💱
📉 Market Analysis:
BTC has reached a support area, potentially signaling a relief bounce.
This presents a scalp trading opportunity for BTC and PYR.
🔄 Trading Plan:
Enter a spot long trade in the current $4.50 - $4.65 support area.
Take Profit at the next resistance area between $4.90 - $5.00.
⚠️ Risk Management:
Set a tight stop loss just below $4.40 to mitigate potential losses.
Acknowledge trading against the higher time frame trend and be prepared to exit if the market turns back to the downside.
📣 Stay vigilant for market developments and adjust trade plans accordingly! 📰💹 #BTC #PYR #TradingStrategy 🌐💱
BTC has reached a support area, potentially signaling a relief bounce.
This presents a scalp trading opportunity for BTC and PYR.
🔄 Trading Plan:
Enter a spot long trade in the current $4.50 - $4.65 support area.
Take Profit at the next resistance area between $4.90 - $5.00.
⚠️ Risk Management:
Set a tight stop loss just below $4.40 to mitigate potential losses.
Acknowledge trading against the higher time frame trend and be prepared to exit if the market turns back to the downside.
📣 Stay vigilant for market developments and adjust trade plans accordingly! 📰💹 #BTC #PYR #TradingStrategy 🌐💱
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.